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20121201
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at wynn macau casinos. i guess that wynn stock is going to be down? nicole: you are right. we're seeing the stock down nearly 4% here. this is not good news for them overall. basically china's new leadership cracking down on fast money moving. they are going to set rules where you can't -- restrict the limits on how much money can actually be taken out of the country. there are a lot of new rules that would be put in place. all of it is obviously for responsible gambling, but it seems to be a lot deeper than that. stuart: i've been to that casino in macau. i mean totally different from anything you will ever see on the strip in las vegas. i mean it is really really different. i will get to that a bit later. david: yeah, we're all interested in that story. stuart: i don't gamble. david: man oh man. [laughter] stuart: moving along, republicans counteroffer to president obama's solution to the fiscal cliff yesterday with a plan of 800 billion dollars in new revenue from tax reform, not from higher tax rates. plus, about a trillion dollars in spending cuts. speaker john boehner said the pre
runs in 2016 made a trip from the wynn casino and hotel, a strong rival of sheldon adelson's sands corporation, over to the venetian, adelson's flagship, to meet with sheldon adelson. we don't know what they talked about, but bobby engine dal, john casic, and really high up on the short list of procespecte 2016ers. after the meeting we heard sheldon adelson expressed to confidantes he was favoring for 2016, a candidate with executive experience. all those guys fit the bill. incidentally, they were also visiting with him. >> great. professor, in this wall street journal article, adelson dismisses the president's winning margin as i'm quoting him a rounding error. he says sitting at the end of a giant conference table in the venetian casino adelson grabbed his calculator and began way. what's that come up to, he said? look. 0.002%, absolutely nothing. are we beginning to see how mr. adelson may have lost those $150 million on a single bet there? >> no question. he's engaging it with what bush called fuzzy çmath. the suspicious of his calculations there, my daddy used to say this, i
. dollar tree, mattel, starbucks, wynn. broad swath of economy this index tracks. lori: throwing in to image theenasdaq 100 funds? >> that what we think will happen next few days. they try to mimic. try to buy all the same stocks in all of those same 100 stocks. we think a nice pop up. we will not, today, though. it was down now. but what we'll not see is a huge pop up because that usually happened and is reserved for the s&p 500,. when stocks get added in there. that's when we see a bigger sort of investor base react to that it may be a while. google, for example, had to wait two years before included in the s&p 500. facebook may have to wait a little bit as well. certainly something that is --. lori: nice job. gives more clout being in the nasdaq 100. melissa: great report. place your bets. it is not a horse race. it is a royal baby race. prince william has rushed to be by his wife's bedside as she is treated for severe nausea at king edward hospital in london. odds makers are rushing to get their wages out. paddie power has 20 to 1 that catherine will be in the babe by's name.
Search Results 0 to 2 of about 3